President Biden to Meet with Senate Dems About $3.5 Trillion Infrastructure Proposal
By: Teddy Grant
President Joe Biden will go to Capitol Hill on Wednesday and meet with Senate Democrats to talk about infrastructure proposals, following Democrats on the Senate Budget Committee reaching a $3.5 trillion budget resolution.
“We are very proud of this plan. We know we have a long road to go. We’re going to get this done for the sake of making average Americans’ lives a whole lot better,” Senate Majority Leader Chuck Schumer said on Tuesday.
The proposal includes Biden’s push for a sweeping social agenda, where issues surrounding child care, health care, education and climate change would be addressed, according to CBS News. If passed, the bill would expand Medicare benefits to cover hearing, vision and dental care.
“The budget resolution with instructions will be $3.5 trillion. You add that to the $600 billion bipartisan plan; you get to $4.1 [trillion], which is very, very close to what President [Joe] Biden asked us for,” Schumer said. “Every major program that President Biden has asked us for is funded in a robust way.”
Sen. Bernie Sanders, who initially called for a $6 trillion package, said that the resolution was a “big deal” and would raise the taxes on the wealthiest Americans.
“The American people have seen the very rich getting richer and government developing policies, which allowed them to pay, in some cases, not a nickel in federal income taxes, they’ve seen corporations make huge profits,” Sanders said. “In some cases, they’re not paying a nickel in taxes. And what this legislation says, among many, many other things, is that those days are gone. The wealthy and large corporations are going to start paying their fair share of taxes so that we can protect the working families of this country.”
According to the budget outline, people making less than $400,000 a year would not see their taxes increase, an aide told CNN.